American Financial Resources in Minnesota vs the state
5.9%Denial rate-7.72 pts vs state
7.3%Decision denial rate-9.01 pts vs state
74.3%Origination rate+7.89 pts vs state
6.63%Median rate0.00 pts vs state
0.53Rate spread (pts)+0.28 pts vs state
$99kMedian applicant income
101Loans originated
8Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 26 | 17 | 19.2% | 6.25% | #360 |
| 2024 | 44 | 28 | 9.1% | 6.69% | #282 |
| 2025 | 136 | 101 | 5.9% | 6.63% | #171 |
What American Financial Resources lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most American Financial Resources applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 24 | 15 | 3 | 12.5% |
| Dakota County | 14 | 9 | 1 | 7.1% |
| Ramsey County | 14 | 11 | 0 | 0.0% |
| Washington County | 10 | 9 | 1 | 10.0% |
| Anoka County | 7 | 4 | 1 | 14.3% |
| Olmsted County | 6 | 4 | 1 | 16.7% |
| Sherburne County | 5 | 5 | 0 | 0.0% |
| Stearns County | 5 | 4 | 0 | 0.0% |
| Scott County | 4 | 4 | 0 | 0.0% |
| Crow Wing County | 3 | 3 | 0 | 0.0% |
Other large lenders in Minnesota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 8,694 | 10.6% | 6.38% |
| U.S. Bank | D | 8,624 | 30.4% | 7.88% |
| Bell Bank | A | 7,987 | 5.3% | 6.63% |
| Rocket Mortgage | C | 7,630 | 16.3% | 6.63% |
| Trustone Financial Credit Union | C | 6,066 | 20.0% | 7.25% |
| Affinity Plus | C | 5,438 | 14.6% | 6.63% |
| Blaze Credit Union | B | 4,074 | 12.3% | 6.38% |
| Wings Financial Credit Union | A | 3,960 | 16.4% | 7.25% |
| Crosscountry Mortgage | B | 3,942 | 2.1% | 6.63% |
| Fairway Independent Mortgage | B | 3,327 | 3.2% | 6.75% |
Frequently asked questions
Minnesota: 136 applications in 2025, of which 101 were originated and 8 denied.
5.9% of all applications, or 7.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans American Financial Resources originated in Minnesota in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are American Financial Resources's own HMDA filing for properties located in Minnesota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology